A widely followed crypto analyst believes that Bitcoin (BTC<\/a>) may go on a massive rally and hit six figures after the US presidential election.<\/p>\n Pseudonymous crypto trader Kaleo tells<\/a> his 649,500 followers on the social media platform X that Bitcoin may repeat an end-of-the-year pattern from 2023 and print fresh all-time highs (ATHs).<\/p>\n \u201cOverlayed the fractal of last September\/October\u2019s price action to this year\u2019s just for fun. It serves as a good reminder that September did mark the bottom of the range and \u2018Uptober\u2019 led to a solid shift in momentum higher, but the real fun started at the end of the month through December. <\/em><\/p>\n I like the idea of the general path. It aligns with my theory of: \u2018Range through the election. Rip when it\u2019s over.\u2019 <\/em><\/p>\n Just a bit more patience bros. Won\u2019t be long before sleepless nights are the norm again. Enjoy the calm while it lasts.\u201d<\/em><\/p>\n Looking at his chart, the analyst suggests that Bitcoin could close out December at around $112,000.<\/p>\n Next up, the analyst suggests<\/a> that the value of Bitcoin relative to the price of gold, the BTC\/gold ratio, may break out of a descending channel and reach new all-time highs.<\/p>\n \u201cImagine looking at the BTC\/gold ratio chart and not bullieving it\u2019s about to be up up only sending to new all-time highs soon.\u201d<\/em><\/p>\n Bitcoin is trading for $63,449 at time of writing, up 5.2% in the last seven days.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" A widely followed crypto analyst believes that Bitcoin (BTC) may go on a massive rally and hit six figures after the US presidential election. Pseudonymous crypto trader Kaleo tells his 649,500 followers on the social media platform X that Bitcoin may repeat an end-of-the-year pattern from 2023 and print fresh all-time highs (ATHs). \u201cOverlayed the […]<\/p>\n","protected":false},"author":2,"featured_media":356929,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-356927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/356927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=356927"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/356927\/revisions"}],"predecessor-version":[{"id":356931,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/356927\/revisions\/356931"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/356929"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=356927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=356927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=356927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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